{"id":24300,"date":"2020-03-26T11:03:09","date_gmt":"2020-03-25T22:03:09","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=24300"},"modified":"2020-03-26T11:03:24","modified_gmt":"2020-03-25T22:03:24","slug":"coronavirus-property-risk-to-be-short-and-sharp-experts-claim","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/coronavirus-property-risk-to-be-short-and-sharp-experts-claim\/","title":{"rendered":"Coronavirus property risk to be \u201cshort and sharp\u201d, experts claim"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  Hotspotting director Terry Ryder said real estate tended to perform well during times of economic duress. <em><em>Source: Supplied<\/em><\/em> <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\"> <strong>There is fear uncertainty over COVID-19 could drive a major drop in property prices but this is not the main threat posed by the pandemic, buyers are being warned.<\/strong> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Coronavirus is likely to hit property sales volumes more than prices and the market could quickly rebound after a \u201cshort, sharp downturn\u201d, a prominent real estate analyst has warned.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Hotspotting director Terry Ryder told a recent webinar for real estate consumers that fear about economic uncertainty was understandable but buyers needed to view property as a long-term investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt is a time to be looking for opportunities when others are perhaps intimated and sitting on the fence,\u201d Mr Ryder said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/sydney-nsw\/coronavirus-property-risk-to-be-short-and-sharp-experts-claim\/news-story\/d41a6a72b0eb344a0e8e5219d249e6bf\">NEWS.COM.AU<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Hotspotting director Terry Ryder said real estate tended to<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/coronavirus-property-risk-to-be-short-and-sharp-experts-claim\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":24301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478109127,478107099,478101874,478098873,478098579,478100051,478099918],"class_list":["entry","author-data123nz","post-24300","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-coronavirus-property-risk","tag-hotspotting","tag-house-values","tag-property-investment","tag-property-market","tag-property-markets","tag-property-sales"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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